HomeNews News Despite bottom line pressure, FY17 to be the best for Airlines Despite bottom line pressure, FY17 to be the best for Airlines

Read more interesting news from around the globe with Wealth Doctor App

Google Play
 
Despite bottom line pressure, FY17 to be the best for Airlines

Despite bottom line pressure, FY17 to be the best for Airlines

Monday, March 13, 2017, 11:29 AM

Airlines are likely to close the outgoing financial year with 22-23% traffic growth, making it one of the best for the sector, even though the pressure on their bottom line is increasing as oil prices are on a northward-ho. The fuel cost per ASKM increased to Rs 1.16 in January from a low of Rs 0.82 a year ago.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

Love Beyond Death Get It now!